Under Accounting Standard AASB 8 Operating Segments,segments Are Delineated on the Basis

question 26

Multiple Choice

Under Accounting Standard AASB 8 Operating Segments,segments are delineated on the basis of:

• A) industries of operation.
• B) differences in risk and return.
• C) the internal management and reporting structure.
• D) none of the above.

---

Definitions:

Birth Cohorts

Groups of individuals born during the same period who experience similar historical and social conditions.

Internal Attribution

The process of ascribing the cause of a behavior to personal aspects such as personality, disposition, or attitude.

Self-Serving Bias

The tendency to take credit for success but deny responsibility for failure.

Attribution Error

A cognitive bias that occurs when individuals incorrectly attribute causes for behaviors or events, often underestimating situational factors and overestimating personal factors.